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Papua New Guinea - Credit to GDP 2020

Name: Papua New Guinea Credit to GDP 2020
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Domestic credit to private sector as % of GDP · World Bank

18.81% +0.76% from 2019 Global rank: 33rd

Papua New Guinea's credit to gdp was 18.81% in 2020, increased +0.76% from 18.05% in 2019. This was the 33rd highest globally.

Global Ranking - 2020▾

Credit to GDP by Country - 2020
Rank	Country	Value	YoY
1st	Somalia, Fed. Rep.	0.00%	11.6%
2nd	South Sudan	1.93%	13.0%
3rd	Afghanistan	3.10%	-4.1%
4th	Sierra Leone	3.62%	-6.2%
5th	Zimbabwe	3.64%	6.2%
6th	Chad	7.23%	-4.1%
7th	Congo, Democratic Republic of	7.77%	17.2%
8th	Malawi	7.85%	8.8%
9th	Sudan	7.89%	-14.0%
10th	Gambia, The	8.15%	-0.6%
11th	Haiti	8.61%	-17.0%
12th	Nigeria	8.76%	10.6%
13th	Guinea	10.02%	-2.6%
14th	Angola	11.31%	-16.0%
15th	Niger	11.70%	4.3%
16th	Central African Republic	11.70%	0.0%
17th	Tanzania	12.44%	-1.6%
18th	Equatorial Guinea	12.87%	-15.5%
19th	Tajikistan	13.03%	12.5%
20th	Ghana	13.06%	-6.3%
21st	Iraq	13.31%	51.2%
22nd	Liberia	13.42%	-6.2%
23rd	Timor-Leste	13.42%	3.5%
24th	Guinea-Bissau	13.61%	2.0%
25th	Uganda	14.22%	3.0%
26th	Pakistan	15.03%	-4.2%
27th	Comoros	15.06%	-3.3%
28th	Zambia	15.16%	-3.0%
29th	Benin	15.54%	-11.8%
30th	Congo, Republic of	15.56%	23.1%
31st	Argentina	15.75%	8.8%
32nd	Madagascar	16.42%	15.5%
33rd	Papua New Guinea	18.81%	4.2%
34th	Burundi	19.40%	4.4%
35th	São Tomé and Principe	19.89%	-11.6%
36th	Côte d'Ivoire	20.57%	8.0%
37th	Eswatini	20.96%	3.7%
38th	Djibouti	21.15%	-5.4%
39th	Libya	21.83%	49.3%
40th	Mali	21.93%	6.1%
41st	Lesotho	21.93%	2.9%
42nd	Mozambique	23.87%	12.2%
43rd	Micronesia, Federated States of	24.17%	5.7%
44th	Suriname	24.22%	4.9%
45th	Rwanda	25.05%	16.7%
46th	Kazakhstan	25.64%	5.6%
47th	Egypt, Arab Republic of	25.79%	12.9%
48th	Romania	25.85%	4.6%
49th	Azerbaijan	26.03%	13.2%
50th	Algeria	26.12%	14.0%
51st	Kyrgyz Republic	26.62%	14.2%
52nd	Togo	26.89%	-2.5%
53rd	Uruguay	27.88%	10.2%
54th	Ukraine	28.18%	-6.2%
55th	Burkina Faso	28.67%	1.2%
56th	Moldova	28.67%	13.2%
57th	Myanmar	28.98%	8.8%
58th	Senegal	29.31%	-0.7%
59th	Nicaragua	29.79%	-7.5%
60th	Dominican Republic	30.63%	9.0%
61st	Kenya	32.15%	4.3%
62nd	Uzbekistan	32.17%	24.4%
63rd	Ireland	32.34%	-10.3%
64th	Belarus	32.51%	13.0%
65th	Solomon Islands	32.57%	6.0%
66th	Latvia	34.73%	-2.8%
67th	Guatemala	35.85%	5.2%
68th	Mexico	36.93%	3.8%
69th	Lithuania	37.03%	-4.4%
70th	Hungary	37.63%	13.4%
71st	Albania	37.72%	11.8%
72nd	Tonga	37.82%	-1.0%
73rd	Indonesia	38.68%	0.8%
74th	Bangladesh	39.16%	0.3%
75th	Guyana	39.18%	5.6%
76th	Brunei Darussalam	39.69%	11.2%
77th	Botswana	39.73%	10.6%
78th	Serbia	43.45%	8.2%
79th	Slovenia	43.57%	2.0%
80th	Mongolia	45.79%	-6.4%
81st	Trinidad and Tobago	46.46%	12.1%
82nd	St. Vincent and the Grenadines	47.52%	9.0%
83rd	Ecuador	49.06%	14.9%
84th	Poland	49.27%	-1.9%
85th	Paraguay	50.71%	6.2%
86th	Dominica	50.75%	32.3%
87th	Bulgaria	51.30%	3.0%
88th	Kosovo	51.62%	10.6%
89th	Czechia	51.98%	5.1%
90th	Colombia	52.00%	12.9%
91st	Philippines	52.04%	8.5%
92nd	West Bank and Gaza	52.24%	16.3%
93rd	Jamaica	52.36%	16.6%
94th	Maldives	53.36%	69.2%
95th	Antigua and Barbuda	53.77%	28.2%
96th	India	54.51%	7.4%
97th	Belize	55.08%	19.8%
98th	Peru	55.31%	23.7%
99th	North Macedonia	55.75%	8.7%
100th	Bosnia and Herzegovina	57.66%	0.9%
101st	Croatia	59.15%	11.8%
102nd	Grenada	59.40%	19.9%
103rd	Russian Federation	59.58%	13.4%
104th	Costa Rica	60.14%	7.0%
105th	Vanuatu	60.21%	1.9%
106th	Montenegro	60.56%	22.2%
107th	St. Kitts and Nevis	61.51%	26.8%
108th	Estonia	62.47%	7.3%
109th	El Salvador	65.33%	10.6%
110th	Slovak Republic	65.65%	5.1%
111th	Bhutan	67.55%	13.8%
112th	Tunisia	67.66%	14.1%
113th	Israel	67.96%	5.4%
114th	Cabo Verde	68.46%	32.6%
115th	Brazil	68.70%	9.4%
116th	Bolivia, Plurinational State of	69.40%	26.4%
117th	Honduras	71.23%	10.5%
118th	Armenia	72.19%	20.0%
119th	Namibia	72.77%	2.6%
120th	Malta	75.13%	8.1%
121st	Türkiye	75.51%	17.5%
122nd	Barbados	75.88%	12.6%
123rd	Belgium	76.13%	9.8%
124th	Oman	76.59%	17.6%
125th	St. Lucia	78.60%	45.7%
126th	Georgia	79.04%	21.6%
127th	Greece	81.27%	1.3%
128th	Aruba	82.09%	37.6%
129th	Italy	82.65%	12.5%
130th	Jordan	83.14%	8.1%
131st	Germany	83.81%	7.5%
132nd	Samoa	87.01%	4.5%
133rd	Nepal	88.44%	12.0%
134th	United Arab Emirates	88.84%	18.0%
135th	Mauritius	90.56%	17.7%
136th	Morocco	90.93%	11.6%
137th	European Union	92.67%	9.3%
138th	Austria	93.05%	7.8%
139th	Iceland	98.41%	12.2%
140th	Panama	100.15%	20.2%
141st	Netherlands	100.35%	1.7%
142nd	Finland	101.74%	6.1%
143rd	Cambodia	103.73%	23.0%
144th	Portugal	104.07%	11.5%
145th	Cyprus	106.47%	-0.2%
146th	Spain	107.57%	13.9%
147th	South Africa	109.05%	-6.9%
148th	Luxembourg	110.21%	1.1%
149th	Viet Nam	115.53%	6.9%
150th	Chile	124.14%	-0.6%
151st	France	125.40%	17.3%
152nd	Singapore	129.19%	8.1%
153rd	Fiji	130.05%	24.9%
154th	Malaysia	133.82%	10.9%
155th	Sweden	138.46%	5.0%
156th	Qatar	138.86%	38.0%
157th	Australia	141.70%	4.5%
158th	United Kingdom	145.57%	10.7%
159th	Korea	154.75%	8.5%
160th	New Zealand	159.52%	2.7%
161st	Thailand	160.11%	11.7%
162nd	Norway	163.54%	9.5%
163rd	Denmark	163.54%	1.0%
164th	China	179.10%	10.4%
165th	Japan	195.53%	10.2%
166th	United States	221.38%	12.8%
167th	Hong Kong SAR, China	258.90%	9.4%
168th	Macao SAR, China	269.84%	125.3%

FAQ

What was Papua New Guinea's credit to gdp in 2020?▾

Papua New Guinea's credit to gdp in 2020 was 18.81%. This ranked 33rd globally.

How did Papua New Guinea's credit to gdp change in 2020?▾

Papua New Guinea's credit to gdp increased by 4.2% in 2020 compared to 2019.

Which country had the highest credit to gdp in 2020?▾

Macao SAR, China had the highest credit to gdp in 2020 at 269.84%.

What is the credit to gdp of Papua New Guinea in 2020?▾

The credit to gdp of Papua New Guinea in 2020 was 18.81%. This ranked 33rd globally.

How does 2020 compare to 2019 for Papua New Guinea's credit to gdp?▾

Papua New Guinea's credit to gdp went from 18.05% in 2019 to 18.81% in 2020, a 4.2% increase.

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